Gathering records is the first step of tax preparation
Taxpayers should start gathering and organizing records as their first step for tax preparation and filing their 2024 federal tax return. They need...
Taxpayers should start gathering and organizing records as their first step for tax preparation and filing their 2024 federal tax return. They need...
Question: Do we need to tell employees when employment laws change? Answer: Possibly. As their employer, you need to stay up to date on legal...
A minister’s housing (or parsonage) allowance under IRC 107 is excludable from gross income only to the extent it is used to rent or...
Question: How Can I see an audit of who edited a specific timecard? Answer: It is possible to see edits that were made...
Question: An employee worked unauthorized overtime. Do we have to pay them time and a half for these hours? Answer: Yes. Any overtime...
WASHINGTON The IRS encourages taxpayers to use the IRS Tax Withholding Estimator to ensure they’re withholding the correct amount of tax from their pay...
Managing remote employees can be a challenge, but here are some best practices we recommend to make sure they remain critical and productive...
Yes, but keep in mind monetary gifts to employees are subject to special rules. Two main issues must be addressed: (1) whether the...
Question: What should we include in an attendance policy? Answer: Generally, an attendance policy should outline your attendance expectations, the procedures your employees should...
Becoming an S corp provides you with added liability protection and advantageous tax benefits. However, these advantages come with certain requirements. Besides compliance...